Spain: Metal Screw Hook Market 2025

Metal Screw Hook Market Size in Spain

The Spanish metal screw hook market contracted to $X in 2022, declining by -9.5% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Metal Screw Hook Production in Spain

In value terms, metal screw hook production stood at $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 15%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Metal Screw Hook Exports

Exports from Spain

After two years of decline, overseas shipments of iron or steel screw hooks and screw rings increased by 167% to X tons in 2022. In general, exports posted a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal screw hook exports soared to $X in 2022. Overall, exports enjoyed strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons) was the main destination for metal screw hook exports from Spain, accounting for a 50% share of total exports. Moreover, metal screw hook exports to France exceeded the volume sent to the second major destination, Italy (X tons), twofold. Portugal (X tons) ranked third in terms of total exports with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France amounted to +19.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+28.3% per year) and Portugal (+23.0% per year).

In value terms, France ($X) remains the key foreign market for iron or steel screw hooks and screw rings exports from Spain, comprising 44% of total exports. The second position in the ranking was held by Italy ($X), with a 19% share of total exports. It was followed by Portugal, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France amounted to +18.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+26.3% per year) and Portugal (+18.3% per year).

Export Prices by Country

The average metal screw hook export price stood at $X per ton in 2022, declining by -11% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 17%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to Morocco ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+2.4%), while the prices for the other major destinations experienced a decline.

Metal Screw Hook Imports

Imports into Spain

In 2022, approx. X tons of iron or steel screw hooks and screw rings were imported into Spain; with a decrease of -16.1% on 2021 figures. Over the period under review, imports, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 70%. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, metal screw hook imports shrank slightly to $X in 2022. Overall, imports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by 74%. As a result, imports reached the peak of $X, and then fell modestly in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest metal screw hook supplier to Spain, with a 68% share of total imports. Moreover, metal screw hook imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), sixfold. The third position in this ranking was taken by Italy (X tons), with a 5.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +8.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+7.4% per year) and Italy (+5.0% per year).

In value terms, China ($X) constituted the largest supplier of iron or steel screw hooks and screw rings to Spain, comprising 48% of total imports. The second position in the ranking was held by Germany ($X), with a 21% share of total imports. It was followed by Italy, with a 7.9% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +11.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+10.7% per year) and Italy (+7.9% per year).

Import Prices by Country

In 2022, the average metal screw hook import price amounted to $X per ton, surging by 17% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2018 an increase of 21% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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